£267,632
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Folkestone Road
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 8 Nov 2018 |
| Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in November 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £220,000 results in an estimated price of approximately £267,632.
| 8 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £220,000 | £47,632 | £267,632 |
The Postcode Pricing Model uses changes in average sales price within the FY8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -0.847 % | £-1,862 | £218,137 |
| 3 Month Average | 13.171 % | £28,976 | £248,976 |
| 6 Month Average | 13.441 % | £29,569 | £249,569 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Jun 2016.
The average size of a house on MARGATE ROAD is 170 sq meters (1,836 sq feet).
This house is the smallest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Folkestone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |